Tanalys

Crude Oil (WTI) (G6) Intraday: key resistance at 31.6.

Pivot: 31.6

Our preference: short positions below 31.6 with targets @ 30 29.05 in extension.

Alternative scenario: above 31.6 look for further upside with 32.2 33.15 as targets.

Comment: as long as 31.6 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

33.15

32.2

31.6

30.86 Last

30

29.05

28.2

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